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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 35.53-1.1%Nov 14 9:30 AM EST

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To: TechnoWiz who wrote (15973)1/12/1998 1:54:00 PM
From: Sonki  Read Replies (1) of 27012
 
vicl target is 23. here msft / tci deal. ...

TCI Selects Microsoft Windows CE for 5 Million Digital Cable Set-Top Devices

LAS VEGAS, Jan. 10 /PRNewswire/ -- Tele-Communications Inc. (TCI) and
Microsoft Corp. (Nasdaq: MSFT) today announced that they have signed an
agreement under which TCI will license a version of the Microsoft(R)
Windows(R) CE operating system for a minimum of 5 million digital set-top
boxes. This agreement gives TCI an operating system that enables high-quality
video and sound, as well as new interactive video services. This version of
Windows CE has been developed for the television environment, with integrated
support for Internet content and technology from WebTV Networks Inc.
Microsoft and TCI expect that Windows CE will be available for the advanced
digital set-top devices that TCI will begin to deploy in late 1998 or early
1999.
"This deal positions the cable industry as leaders in developing and
offering new interactive content and services," said Dr. John C. Malone,
chairman and CEO of TCI. "Microsoft will play a key role to help get us
there. This deal represents a first big step toward a high-volume strategy.
Our customers will soon enjoy high-quality pictures and sound, along with
exciting new data services and programs."
The nonexclusive deal is consistent with conditions and specifications
currently outlined by CableLab's OpenCable initiative. TCI may work with
several software companies to deliver its enhanced digital cable television
network. "This agreement is beneficial for everyone: consumers, video and
data content developers, Microsoft and TCI," said Craig Mundie, senior vice
president, consumer platforms group at Microsoft. "This will jumpstart the
development of new types of enhanced programs and services for television.
Microsoft and TCI have been working for quite some time toward a vision for
high-speed data networking and interactive video services. We look forward to
the deployment of these new services to consumers."
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